VP, Commercial Loan Officer

Newburyport Five Cents Savings Bank • Newburyport, MA

just now • $98,940 - $187,990

About The Position

Newburyport Bank is a community bank supported by the strength of our shared services organization, River Run, and banking affiliates Pentucket Bank and Rollstone Bank and Trust. Together, we shape the evolution of community banking through innovation and strong partnerships, while preserving the personalized service our customers value. Here, you will discover opportunities that will guide you along your professional journey, and allows you to make a meaningful impact in your local community, as you join a team that champions integrity, collaboration, and continuous progress. Journey Well! We are seeking a C&I Commercial Loan Officer to develop commercial business, build client relationships, and manage a commercial loan portfolio while identifying growth opportunities and representing the Bank in the community.

Requirements

• Minimum 10 years of progressively responsible Commercial Lending and Commercial Banking experience
• Bachelor’s degree in business preferred.
• Strong knowledge of credit structure, bank lending policies, credit risk assessment, and risk management.
• Strong organizational, planning, time management, and communication skills.
• Proficient in Microsoft Office and Outlook.
• Demonstrated professionalism and maturity when working with customers, employees, vendors, and Board members.

Nice To Haves

• Formal Commercial Credit and/or Sales training preferred.

Responsibilities

• Develops new business within the Bank’s market area and builds referral relationships with professional and community partners.
• Promotes Bank lending, deposit, and other financial products and services to attract and retain quality clients.
• Evaluates loan applicants, analyzes financial information, structures and negotiates credit terms, and monitors repayment.
• Manages the Commercial loan portfolio, proactively identifying and mitigating risk while ensuring compliance with Bank policies.
• Partners with Credit and Commercial Administration to prepare loan packages, obtain approvals, coordinate closings, and ensure loan conditions are met.
• Maintains accurate credit files and ensures timely collection and analysis of annual financial information.
• Participates in civic, social and community relations activities to promote and strengthen the image of the bank within the Bank’s footprint and reasonable proximity.
• Maintains a high visibility profile for the bank within the business and professional communities at large.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior